Blockchain Press Releases
Top 21 Sustainable Packaging Companies, Worldwide 2023: MarketsandMarkets 360 Quadrant Revealed
CHICAGO, Aug. 16, 2023 /PRNewswire/ — MarketsandMarkets has released 360 Quadrant for Top 21 Sustainable Packaging Companies, Worldwide 2023 to help businesses make quicker and more informed decisions. Companies’ market presence and product footprint are used to build quadrants, which will be revised annually.
With the benefits of sustainable packaging growing in popularity, the market for sustainable packaging is anticipated to experience considerable expansion in the coming years. Asia-Pacific countries like China, Brazil, and India are among the nations that are emerging as growth frontiers for the market. The key forces behind the expansion of possibilities in these countries are their expanding economies, expanding populations, and the resulting disposable income of individuals.
The sustainable packaging industry is also witnessing rapid growth due to the stringent laws and regulations levied by governments and governing bodies, as well as a shift in consumer preferences towards recyclable and eco-friendly packaging materials. Additionally, other factors such as the downsizing of packaging and advancements in technology are also fostering the growth of the sustainable packaging market, globally. However, the high cost of recycling and the poor infrastructure available for recycling processes are likely to hamper the growth of this market.
Access Research Report @ https://www.360quadrants.com/packaging-and-construction/sustainable-packaging-market
Unveiling the Market Leaders: Honoring Excellence in Sustainable Packaging Market
- WestRock, one of the leading providers of sustainable paper and packaging solutions was identified as the market leader in the 360 Quadrant, accounting for the largest share of the market. With a strong presence in the sustainable packaging market and a well-established distribution network. The company has a wide portfolio of packaging solutions which include corrugated solutions, consumer packaging solutions, machinery solutions, and paper solutions.
- Amcor has established a robust presence and earned a reputation for excellence over the years. It is one of the global leaders in developing and producing responsible packaging solutions for food, beverage, pharmaceutical, medical, home and personal care, and other products. It offers a range of flexible and rigid packaging, specialty cartons, closures, and services. The company is focused on making packaging that is increasingly lighter weight, recyclable and reusable, and made using an increasing amount of recycled content.
- Smurfit Kappa registered a strong position in the global sustainable packaging market. With a strong presence in Europe, the company has a good presence across other geographies as well. The company offers a portfolio of paper-based packaging solutions for eCommerce, retail, consumer, and industrial packaging applications for a wide array of sectors.
- Crown Holdings with its primary product as metal packaging is a well-known entity in the sustainable packaging industry. Through its subsidiaries, it has become one of the leading global suppliers of rigid packaging products to consumer marketing companies, as well as transit and protective packaging products, equipment, and services to a broad range of end markets.
- Mondi holds a significant and competitive presence in the sustainable packaging market. The company’s businesses include Corrugated packaging, flexible packaging, and Uncoated Fine Paper business. It offers eCommerce packaging solutions and products through a combination of its sustainability expertise and a full portfolio of multi-material solutions, including kraft and functional barrier paper, paper bags, and corrugated solutions across a multitude of industries.
Categorization Of Sustainable Packaging Companies On 360 Quadrants
Sustainable packaging companies’ evaluation was conducted for over 80 companies, of which the top 21 were categorized and placed in a quadrant under Market Leaders, Contenders, Innovators, and Emerging Companies.
All the companies in the market leader segment demonstrated strong offerings and the ability to influence the market’s direction with their deep expertise. These companies include WestRock, Amcor, Smurfit Kappa, Crown Holdings, and Mondi. These companies dominate the market, together accounting for nearly one-third of the entire sustainable packaging market.
Tetra Laval, Stora Enso, Ardagh, DS Smith, and Ball Corporation have been recognized as contenders in the sustainable packaging quadrant. The contenders are companies with a strong market presence, excelling in specific niches. While not offering the full range of market leaders, they wield significant influence and impact. These companies focus on specific technologies and aim to establish leadership within their chosen segment.
In the quadrant, innovators are highly innovative companies with a strong product portfolio, but a smaller market presence compared to leaders. They push industry boundaries with forward-thinking approaches and have the potential to become major players despite lower corporate growth strategies. Sealed Air, Huhtamaki, Aptar Group, Constantia Flexibles, Sappi, and Klöckner Pentaplast have been identified as the innovators in the quadrant.
The 360 Quadrants effectively evaluates emerging companies in the sustainable packaging industry. They focus on specific areas and offer specialized knowledge, targeted support, flexible terms, and competitive prices. While they may have limited capabilities, they are preferred for specific use cases. These companies employ strategies to expand sales and reach a broader client base. This segment of the quadrant has identified Silgan, Pactiv, Plastipak, Cosmo First, and NatureWorks as emerging companies.
Evaluation Criteria
The vendor evaluation was conducted on over 80 companies of which the top 21 were categorized and recognized as the quadrant leaders. Factors such as revenue, geographic presence, growth strategies, investments, channels of demand, and sales strategies were considered the market presence of the sustainable packaging quadrant. While the top criteria for product footprint evaluation included Material (paper & paperboard, plastic, metal, glass), Process (recycled, reusable, degradable), function (active, molded pulp, alternate fiber), application (food & beverage, healthcare, personal care, others), sustainable initiatives, and incorporation of PCR content.
360 Quadrants Scoring Methodology
360 Quadrants employs a comprehensive and transparent scoring methodology to evaluate companies. It identifies relevant evaluation criteria, collects and validates data from multiple sources, and employs an algorithm that considers parameter weights to generate scores. Normalization ensures fair comparisons and the aggregated scores categorize solutions into quadrants such as Market Leaders, Contenders, Innovators, and Emerging Companies. This unbiased approach equips users with accurate information, empowering them to make well-informed decisions and select solutions that best suit their needs and objectives.
Request Your Free Marketing Kit @ https://www.360quadrants.com/packaging-and-construction/sustainable-packaging-market
See Also:
Top Paint and Coatings Companies, Worldwide 2023
Top Lubricants Companies, Worldwide 2023
Top Personal Care Ingredients Companies, Worldwide 2023
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research and facilitates analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
360 Quadrants will also be launching 100 quadrants in Chemicals and Materials, Packaging, Energy & Power, and Healthcare.
Visit https://www.360quadrants.com to access our interactive quadrants.
For media inquiries, please contact:
Mr. Agney Sugla
MarketsandMarkets™ INC.
630 Dundee Road, Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Photo: https://mma.prnewswire.com/media/2187205/Top_21_Sustainable_Packaging_Companies__Worldwide_2023.jpg
Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg
Blockchain Press Releases
Webb Unveils Tangle Network Testnet, Pioneering the Future of Private, Decentralized Applications
NEW YORK, Sept. 29, 2023 /PRNewswire/ — Today, Webb announced the launch of its much-anticipated Tangle Network Testnet, setting the stage for a new era of private and decentralized applications.
About Webb
Led by founder Drew Stone, Webb is the premier cross-chain zero-knowledge messaging layer, committed to revolutionizing blockchain privacy. Backed by industry giants like Polychain, Lemniscap, and Commonwealth Labs, Webb introduces a suite of tools aimed at advancing zero-knowledge (ZK) and multi-party computation (MPC) applications across multiple blockchains.
The Challenge and Our Solution
Blockchain networks today face significant hurdles: limited interoperability, scaling difficulties, centralized control, and privacy concerns. Webb’s Tangle Network, built on the powerful Substrate framework, is designed to tackle these challenges by offering a next-generation blockchain platform.
Why Tangle Network?
Our vision is to make it easier for developers to create secure, private zero-knowledge (ZK) and multi-party computation (MPC)-based decentralized applications. Tangle Network simplifies:
- Proof Generation: Delegate computational tasks to our validators.
- Trusted Setups: Tangle Network manages complex ceremonies for you.
- Secure Signing: Utilize our threshold signing for cross-chain operations.
By removing these barriers, we massively improve the time to launch for ZK and MPC-based decentralized applications.
Noteworthy Features
- Unparalleled speed, security, and scalability via Substrate.
- Decentralized control through Distributed Key Generation (DKG).
- Advanced protocols for zero-knowledge applications.
- Cross-chain compatibility with IBC and XCM.
- Easy migration of existing apps through Ethereum Virtual Machine (EVM) support.
- Smooth, forkless upgrades.
What’s Next?
The Testnet launch kicks off with an in-depth whitepaper, followed by a series of engagement events during the testnet phase. Our mainnet is scheduled for a Q1/Q2 2024 launch, featuring hackathons, workshops, and a targeted grant program to accelerate the adoption of privacy-focused applications.
Testnet Quick Links
- Whitepaper: Read here.
- Get Started: PolkadotApps for Tangle Network
- Documentation: docs.webb.tools
Get Involved
- Developers: Start building on Tangle today. Learn More
- Validators and Relayers: Help secure and maintain the network. Learn More
- Join the Community: Follow us on Twitter or join our Discord.
Contact Us
For media inquiries, partnerships, or more information, email us at [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/webb-unveils-tangle-network-testnet-pioneering-the-future-of-private-decentralized-applications-301940846.html
Blockchain Press Releases
ChainUp Celebrates 6th Anniversary, Charting Blockchain Innovations beyond Digital Assets
SINGAPORE, Sept. 29, 2023 /PRNewswire/ — ChainUp, a Singapore-based trailblazer and global leader in the blockchain industry, marked its sixth anniversary celebration with more than 500 business partners at Ce La Vi Singapore. During the celebration, ChainUp Founder and CEO, Sailor Zhong reflected on the journey, “Six years in the blockchain industry showcases our resilience, innovation, and forward-looking approach. As we look to the future, we are committed to shaping a digital asset environment that is reliable, transparent, and unparalleled. ChainUp aims to champion blockchain solutions beyond the applications of digital assets and bridge the gap between digital asset markets and traditional finance (TradFi) to increase effectiveness and market efficiency.”
The DEX Renaissance
As decentralized finance (DeFi) comes into prominence and focused on returning control to users, one of the sectors impacted by DeFi are the exchanges where cryptocurrencies are traded. Data from CoinMarketCap reveals that trading volumes on Decentralized exchanges (DEX) reached $1.2 trillion in 2022, indicating a 340% YoY growth. However, factors such as poor user experience impeded the rate of adoption of DEX. Recognizing this trend, ChainUp has updated its white-labeled DEX solution, incorporating advanced features, strengthening its security, improving its liquidity and aims to provide a decentralized trading experience that is on par with commonly-used centralized exchanges (CEX).
Bridging TradFi and Digital Assets Market
The traditional financial sector has been progressing very cautiously on digital assets. As more institutions lean into RWA tokenization, they unlock unparalleled liquidity in a borderless trading environment. Amidst this evolution, ChainUp’s RWA solutions emerge as an industry pioneer, offering robust tokenization protocols, seamless integration, and enhanced security, bridging the gap between TradFi and the digital future with unmatched finesse.
Minimizing Risk and Maximizing Security
ChainUp’s MPC Wallet revolutionizes crypto security by integrating MPC technology with advanced hardware isolation, ensuring utmost safety and encryption on data. The wallet offers dynamic key-refreshing mechanisms, chain-agnostic compatibility, and eliminates single-point vulnerabilities. With efficient multi-address management and 24/7 expert support, users enjoy full asset control, scalability, and cost-efficiency, all under one roof.
Compliance: The Guiding Principle
Navigating global regulations in the blockchain sector can be complex. ChainUp’s KYT subsidiary, Trustformer, offers peace of mind for enterprises tackling compliance-related challenges. ChainUp’s advanced solutions in Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) show their commitment to a more secure blockchain environment.
For detailed insights into ChainUp’s innovative solutions, please visit: https://www.chainup.com?channel=pr&type=article
About ChainUp
Headquartered in Singapore, ChainUp is a global leading end-to-end blockchain technology solutions provider covering infrastructure development and ecosystem support. Built on the mission to empower businesses through blockchain technology, ChainUp’s innovative and all-around compliant solutions include digital asset exchange, KYT, NFT trading, wallet, liquidity, Web3.0 infrastructure, digital asset custody, security token offerings and more. Established in 2017, ChainUp has offices around the world, serving more than 1,000 clients in 30 countries, reaching over 60 million end-users.
CONTACT: Jacelynn Pang, [email protected]
Logo – https://mma.prnewswire.com/media/2190026/ChainUp_A_Full_Colour_V_Logo.jpg
SINGAPORE, Sept. 27, 2023 /PRNewswire/ — BingX, a leading global cryptocurrency exchange, is thrilled to announce its integration with WunderTrading, a cutting-edge platform that allows users to trade and invest crypto seamlessly using automated trading bots. This strategic partnership is aimed at enhancing the automated trading experience for BingX users and introducing a new level of convenience and innovation.
WunderTrading is a cloud-based cryptocurrency trading platform that simplifies cryptocurrency trading experience for beginners. Users can easily copy strategies of renowned traders or create their own. The platform offers an advanced trading terminal and automated bots integrated with TradingView, allowing users to manage portfolios efficiently within a single app. WunderTrading stands out by consolidating trading tools, enhancing user experience, and introducing unique features like the Spread-trading Terminal.
The integration of BingX and WunderTrading offers BingX users a significant advantage. With access to TradingView integration and the innovative Spread-trading Terminal, users can automate their trading strategies and diversify their portfolios with minimal risk. The Spread-trading terminal enables BingX users to choose assets for constructing a spread and will execute buy and sell orders simultaneously for the selected pairs. This integration empowers BingX users to create and fine-tune crypto trading bots swiftly, providing a unique opportunity to optimize their trading while minimizing market volatility risks.
Megan Nyvold, Head of Branding at BingX, expressed her excitement about the collaboration, saying, “BingX is always striving to offer our users the most innovative and user-friendly tools to navigate the crypto market with efficiency and greater ease. Our partnership with WunderTrading is a significant step forward. With this integration, we empower our users to trade smarter, diversify their portfolios, and navigate the crypto market with newfound confidence. We’re excited to see our users leverage the power of automated trading through WunderTrading and make the most of this enhanced trading experience.”
As BingX and WunderTrading join forces, users can look forward to an enhanced trading journey filled with innovative tools and features designed to optimize their trading strategies.
About BingX
BingX is a leading crypto exchange that offers spot, derivatives, copy, and grid trading services to over 100 countries and regions worldwide with over 5 million users. BingX continues to connect users with expert traders and the platform in a safe and innovative way. Please visit https://bingx.com to learn about BingX.
Photo – https://mma.prnewswire.com/media/2223312/1920.jpg
Logo – https://mma.prnewswire.com/media/2095392/BingX_New_Logo.jpg
-
Blockchain Press Releases2 weeks agoMAX Exchange and Bitget announce strategic partnership, marking MAX Token’s debut on an international exchange
-
Blockchain Press Releases2 weeks agoOKX PARTNERS WITH SOLANA MOBILE TO BE AMONG THE FIRST EXCHANGE APP ON SAGA WEB3 SMARTPHONE
-
Blockchain1 week agoNex News Network Launches World’s First Blockchain-Integrated Web3 and Metaverse News Platform
-
Blockchain2 weeks ago
nChain appoints Peter Coulson as its new group COO
-
Blockchain Press Releases2 weeks agoBitget Wallet Quick Buy Expands Fiat Support to Include EUR/RUB/JPY Currencies
-
Blockchain5 days ago
OKX Proof of Reserves Ranked Highest Quality Among Major Exchanges as 11th Consecutive Monthly Reserves Report is Published
-
Blockchain6 days ago
ACX’s technology to power Indonesia Carbon Exchange
-
Blockchain Press Releases2 weeks ago
aelf Sets Up Global Hub in Singapore to Support Web3 Developer Ecosystem Growth
